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Land survey equipment is a combination of a global navigation satellite system (GNSS) and GNSS network solutions. Integrated smart antennas and modular GNSS systems are used in the land survey equipment. Integrated smart antennas are high precision products that consist of a board-level GNSS receiver and a GNSS antenna. GNSS network solutions are reference stations. It is majorly providing network operators with several features and functionalities from a single receiver.
The factors that are expected to drive the market is the need for modern land survey equipment. Moreover, the benefits of electronic devices in conducting land surveys are anticipated to boost the market. Need to develop terrestrial laser scanners with land survey equipment are the upcoming opportunities for the market. However, the lack of skilled manpower and technical knowledge in the use of the latest equipment is affecting market growth.
Key Market Driver -
Advancements in Networking for GNSS Applications of Land Survey Equipment
Key Market Restraint -
Rental and Leasing Service Providers for Land Survey Equipment
By product, the market is segmented into the GNSS systems, modular GNSS systems, GNSS network solutions, and others. Based on industry, the market is segmented into construction, oil & gas, agriculture, mining, disaster management, and others. Based on application, the market is categorized into inspection, monitoring, volumetric calculations, layout points, and others. Based on software, the market is segmented into construction software, agriculture software, mining software, oil & gas software, and others. Based on the end user the market is classified into the commercial and defence. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, and Rest of the world.
The major companies in the global land survey equipment market report includes Changzhou Dadi Surveying Science & Technology (China), GUANGDONG KOLIDA INSTRUMENT CO., LTD. (China), HEXAGON ( Sweden), Hi-Target Navigation Technology Corporation (China), Robert Bosch Tool Corporation ( The U.S.), Shanghai Huace Navigation Technology Ltd. (China), South Surveying & Mapping Technology CO., LTD. (China), Stonex ( India), Suzhou FOIF Co., Ltd. (China),TOPCON CORPORATION (Japan), Trimble Inc. ( The U.S.), and among others.
The Land Survey Equipment market has been segmented into North America, Europe, Asia Pacific, and Rest of the world. North America is projected to be the largest market during the forecast period. The growth in the region is owing to the increasing construction software in the U.S. This software enables the management of data flow and plays a crucial role in maximizing productivity. Furthermore, the increasing use of land survey equipment in Canada for civil engineering is projected to boost the market.
Asia-Pacific is anticipated to be the fastest-growing region during the forecast period. This growth is attributed to the increasing use of small UAVs in China for the construction survey, mining inspection, and oil & gas industries. Additionally, increasing the use of 3D laser scanners in India is helping to grow the market.
Europe registers a significant growth during the forecast period owing to the increasing investments from private-firm to develop a technologically advanced land survey equipment market. In the U.K., increasing the use of land survey equipment for monitoring and inspecting landslides, seismic movements, and damage assessment are anticipated to boost the market. In the Rest of the world, exploration drilling and pipeline management activity in the Middle East & Africa for accurate geographic data mapping is propelling the market.
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